Ukrnafta's net revenues down 18% yoy in 9M09

Ukrnafta (UNAF) reported yesterday in a company filing that its net revenues were UAH 6.1 bln in 9M09, a decrease of 18% yoy. For the period, the company posted gross profit of UAH 512.6 mln (down 4.8x yoy), and a net loss of UAH 275.5 mln (vs. net income of UAH 1.7 bln in 9M08). In 3Q09, Ukrnafta recorded net revenue of UAH 3.3 bln (up 0.6% yoy), gross profit of UAH 619.3 mln (down 40.8% yoy), and net income of UAH 219.4 mln (down 3.5x yoy).